ResMed Inc. (ASX:RMD) to Issue Dividend Increase – $0.05 Per Share

ResMed Inc. (ASX:RMD) announced a interim dividend on Wednesday, May 1st, MarketIndexAU reports. Investors of record on Wednesday, June 12th will be given a dividend of 0.052 per share on Wednesday, June 12th. This represents a dividend yield of 0.16%. The ex-dividend date is Tuesday, May 7th. This is a boost from ResMed’s previous interim dividend of $0.05.

ResMed Price Performance

The company has a debt-to-equity ratio of 31.04, a current ratio of 3.11 and a quick ratio of 1.23.

ResMed Company Profile

ResMed Inc develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. It operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, and cloud-based software informatics solutions to manage patient outcomes, as well as provides customer and business processes.